The DATA Group announces restructuring plan



    BRAMPTON, ON, March 1 /CNW/ - The DATA Group Income Fund (the "Fund")
(TSX:DGI.UN) today announced a restructuring plan designed to achieve
operating and corporate synergies through the further integration of the
operations of Relizon Canada Inc. ("Relizon Canada"), which the Fund acquired
in August 2006, and those carried on by the Fund's subsidiary prior to the
acquisition of Relizon Canada.
    Under the restructuring plan, the Fund's subsidiary entity, The Data
Group Limited Partnership ("The DATA Group"), will close four plants,
eliminate 121 jobs and transfer another 99 jobs to other DATA Group
facilities. Existing production at those facilities to be closed will be
transferred to The Data Group's other facilities. The plants to be closed are
located in Dorval, Quebec, Hemmingford, Quebec, Orangeville, Ontario and
Medicine Hat, Alberta. Three of the plants that are to be closed are former
Relizon Canada plants and one (Dorval, Quebec) is a plant that subsidiaries of
the Fund have owned since 1992. The plant closures are currently scheduled to
be completed in the third quarter of 2007.
    The expected costs of these actions, including severance, retention,
restructuring and other costs, will be in the range of $6 million to
$7 million before taxes. The Data Group expects to take a charge in 2007 that
will reflect the applicable portion of these costs related to the closing of
Data facilities, with the balance being reflected in the Fund's purchase
accounting attributable to its acquisition of Relizon Canada.

    About The DATA Group Income Fund

    The Fund owns a 100% interest in The DATA Group. The DATA Group is a
leading provider of document management solutions including printed products.
Founded in 1959, The DATA Group operates 56 facilities in 11 regions across
Canada and has a leading market share in the total document management
services segment in Canada.
    Additional information relating to the Fund is available on the System
for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com and
www.datagroupincomefund.com.

    Forward-Looking Statements

    Certain statements in this press release constitute "forward-looking"
statements that involve known and unknown risks, uncertainties and other
factors which may cause the actual results, performance or achievements of the
Fund, The DATA Group or industry results to be materially different from any
future results, performance or achievements expressed or implied by such
forward-looking statements. When used in this press release, the words such as
"may", "would", "could", "will", "expect", "anticipate", "estimate",
"believe", "intend", "plan", and other similar expressions are intended to
identify forward-looking statements. These statements reflect the Fund's
current views regarding future events and operating performance, are based on
information currently available to the Fund, and speak only as of the date of
this press release. These forward-looking statements involve a number of
risks, uncertainties and assumptions and should not be read as guarantees of
future performance or results, and will not necessarily be accurate
indications of whether or not such performance or results will be achieved.
Many factors could cause the actual results, performance or achievements of
the Fund and The DATA Group to be materially different from any future
results, performance or achievements that may be expressed or implied by such
forward-looking statements. Such differences may be caused by factors which
include, but are not limited to, the ability of The DATA Group to realize
anticipated cost savings and efficiencies resulting from the announced
restructuring initiatives; The DATA Group may encounter unanticipated,
increased or decreased costs associated with the announced restructuring
initiatives, including those related to compensation costs; and the transfer
and integration of employees from one facility to another may require
substantial attention from, and place substantial demands upon, senior
management of The DATA Group, and will require the cooperation of those
employees. Additional factors are discussed in the Fund's public disclosure
documents filed with the Canadian securities regulatory authorities and
available on the System for Electronic Document Analysis and Retrieval (SEDAR)
at www.sedar.com. The assumptions applied in making the forward-looking
statements contained in this news release include the following: costs
associated with the announced restructuring initiatives will not be materially
higher or lower than anticipated; The DATA Group's assumptions regarding
average compensation costs and average years of service for the affected
employees are materially correct; and anticipated cost savings and benefits
from the announced restructuring initiatives are realized as planned, and
those restructuring activities are effectively executed in a timely manner.
Should one or more of these risks or uncertainties materialize, or should
assumptions underlying the forward-looking statements prove incorrect, actual
results may vary materially from those described in this press release as
intended, planned, anticipated, believed, estimated or expected. Unless
required by applicable securities law, the Fund does not intend, and does not
assume any obligation, to update these forward-looking statements.





For further information:

For further information: Mr. David Odell, President and CEO, The DATA
Group, Tel: (905) 791-3151; Mr. Paul O'Shea, Chief Financial Officer, The DATA
Group, Tel: (905) 791-3151

Organization Profile

THE DATA GROUP INCOME FUND

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